TOKYO -- Hyperconnect, a South Korean live video startup backed by SoftBank's Asian venture capital arm, on Wednesday said it is being acquired by U.S. dating app operator Match Group for $1.7 billion.
Startups
SoftBank-backed live video app sold to Match Group for $1.7bn
South Korean Hyperconnect deal marks one of biggest exits for venture capital arm
Hyperconnect runs Hakuna Live, a social livestreaming app that is popular in South Korea and Japan. (Photo by Yuki Kohara)
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